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The International Space Station is orbiting at an altitude of about 370 km above the earth's surface.The mass of the earth is 5.97 × 1024 kg,the radius of the earth is ,and
.Assuming a circular orbit,
(a)what is the period of the International Space Station's orbit?
(b)what is the speed of the International Space Station in its orbit?
Economic Loss
The decrease in financial value or wealth, often resulting from business operations, market movements, or external economic events.
Perfectly Competitive
Characterized by a large number of sellers and buyers, none of whom can influence market prices significantly.
Fixed Costs
Expenses that do not change with the level of production or sales, such as rent, salaries, and loan payments.
MC Curve
The Marginal Cost (MC) Curve is a graphical representation showing how the cost to produce one additional unit of a good changes as production volume increases.
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